If what you are saying is right about the time frame to a full scale liquidity event/ commercial sale of our IP, then perhaps the BoD were very naive back in the days of PL3. They specifically hired Ken Hurley back then for the imminent commercialization of 4DS as was the plan even then.
I get that there is going to be a qualifying period with a development partner, (as DM has said this will likely be the end buyer), but who knows how long that will take??? What does the development partner agreement look like ? Would there be an initial cash lump sum buy-in before a full take over if the IP ?
With the speed of development going on in the background (because of the known need for this type of memory solution) and the block ticking on patent protections etc.., I imagine the BoD are very keen to have that liquidity event ASAP. If we are successful at 20nm the role of 4DS is obsolete in my opinion. Ting may well find a place in the ranks of the development partner to continue development but it won’t be on our time I would think.
A successful IP at 20nm would still be very valuable considering the likely market size and penetration potential even knowing we are not selling the finished product. Paying multi billions for our tech is a drop in the ocean to the potential returns from a finished product. R&D is expensive . Remember even companies like Samsung spend around USD$ 20 billion every year. We would be saving these types of companies a fortune in development costs , time and importantly lost commercial opportunity.
4DS Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
